Optimization- What is the Minimum or Maximum?
The answers to all these questions lie in Optimization. Here are a few steps to solve optimization problems: 1. Read the problem- write the knowns, unknowns, and draw a diagram if applicable. 2. Write down an equation for what needs to be maximized/minimized (such as A=b*h or Cost= (price)*(number of units) etc.) 3. ................
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